Wall Street banks led by JPMorgan have increased the size of a loan ​package for Warner Bros Discovery to over $10 ‌billion as the media company seeks to refinance debt ahead of its planned merger with Paramount Skydance , ​according to terms seen by Reuters ​on Thursday.

A group of six Democratic senators ​on Thursday expressed serious ‌concerns about planned foreign ownership interests in the proposed $111 ​billion Paramount-Warner Bros. ​Discovery merger.

Ted Turner died at 87, and obituaries celebrate how he built his empire. He took an indebted billboard company into a UHF station, then into the Atlanta Braves for $10 to $12 million. Then into a satellite superstation, then into Hanna-Barbera for $320 million, and finally into CNN. The crown jewel is now part of... Ted Turner Built CNN on Debt and Near-Bankruptcy. Here Is Why You Should Not Try to Copy Him

The David Ellison-led company has publicly said it expects the $110 billion deal to close by the third quarter, or Sept. 30.

NEW YORK, May 19, 2026 /PRNewswire/ -- Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("WBD") today announced that Discovery Global Holdings, Inc. (formerly WarnerMedia Holdings, Inc.) (the "DGH Issuer") and Discovery Communications, LLC (the "DCL Issuer" and together with the DGH Issuer, each a "WBD Issuer" and collectively the "WBD Issuers"), each a subsidiary of WBD, have commenced solicitations (with respect to each Class of WBD Notes (each defined by reference to the table set forth below), a "Consent Solicitation" and collectively, the "Consent Solicitations") of consents, upon the terms and subject to the conditions set forth in the related consent solicitation statement (the "Consent Solicitation Statement"), from holders of the WBD Notes to certain proposed amendments (the "Proposed Amendments") to the indentures governing the WBD Notes (collectively, the "Existing WBD Indentures").

Wall Street banks led by JPMorgan on Tuesday launched a loan sale tied to Warner Bros Discovery that would ​help the media company refinance part of its $15 ‌billion bridge facility and cover related fees and expenses.

Creator content, from YouTube stars to long-standing influencers in genres like cooking and home improvement, was a highlight during the media industry's presentations to advertisers this week. While creators are the main draw of YouTube's offering, and therefore its pitch to advertisers, legacy media giants like Fox Corp. and Warner Bros.

Streaming media expert Dan Rayburn explains why he's focused on packaging, bundling and distribution of content services. Netflix's (NFLX) balance sheet transparency and management's willingness to walk away from costly deals reinforce its long-term strategic positioning and shareholder alignment.

A group of U.S. and EU lawmakers said European regulators will "closely examine" Paramount's proposed acquisition of Warner Brothers Discovery. The lawmakers sent a joint letter to Paramount CEO David Ellison shared exclusively with CNBC.

Warner Bros. Discovery co-heads of sales Ryan Gould and Robert “Bobby” Voltaggio kicked off the company's upfront Wednesday by acknowledging the looming $110 billion Paramount acquisition.